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Millennium Services Group

ASX:MIL
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MIL
ASX
A$15M
Market Cap
  1. Home
  2. AU
  3. Commercial Services
Company description

Millennium Services Group Limited provides cleaning, security, and integrated services in Australia and New Zealand. The last earnings update was 78 days ago. More info.


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  • Millennium Services Group has significant price volatility in the past 3 months.
MIL Share Price and Events
7 Day Returns
1.5%
ASX:MIL
2.2%
AU Commercial Services
0%
AU Market
1 Year Returns
-22.4%
ASX:MIL
15%
AU Commercial Services
15.3%
AU Market
MIL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Millennium Services Group (MIL) 1.5% 13.8% 65% -22.4% -78% -
AU Commercial Services 2.2% 3.1% -1.5% 15% 15.8% 38.7%
AU Market 0% 0.5% 4.7% 15.3% 21.6% 20.7%
1 Year Return vs Industry and Market
  • MIL underperformed the Commercial Services industry which returned 15% over the past year.
  • MIL underperformed the Market in Australia which returned 15.3% over the past year.
Price Volatility
MIL
Industry
5yr Volatility vs Market

Value

 Is Millennium Services Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Millennium Services Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Millennium Services Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Millennium Services Group. This is due to cash flow or dividend data being unavailable. The share price is A$0.33.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Millennium Services Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Millennium Services Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:MIL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$-0.99
ASX:MIL Share Price ** ASX (2019-11-15) in AUD A$0.33
Australia Commercial Services Industry PE Ratio Median Figure of 12 Publicly-Listed Commercial Services Companies 18.07x
Australia Market PE Ratio Median Figure of 519 Publicly-Listed Companies 18.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Millennium Services Group.

ASX:MIL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:MIL Share Price ÷ EPS (both in AUD)

= 0.33 ÷ -0.99

-0.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Millennium Services Group is loss making, we can't compare its value to the AU Commercial Services industry average.
  • Millennium Services Group is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Millennium Services Group's expected growth come at a high price?
Raw Data
ASX:MIL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Commercial Services Industry PEG Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 2.36x
Australia Market PEG Ratio Median Figure of 346 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Millennium Services Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Millennium Services Group's assets?
Raw Data
ASX:MIL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$-0.79
ASX:MIL Share Price * ASX (2019-11-15) in AUD A$0.33
Australia Commercial Services Industry PB Ratio Median Figure of 27 Publicly-Listed Commercial Services Companies 2.46x
Australia Market PB Ratio Median Figure of 1,585 Publicly-Listed Companies 1.71x
ASX:MIL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:MIL Share Price ÷ Book Value per Share (both in AUD)

= 0.33 ÷ -0.79

-0.42x

* Primary Listing of Millennium Services Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Millennium Services Group has negative assets, we can't compare the value of its assets to the AU Commercial Services industry average.

Next steps:

  1. Take a look at our analysis of MIL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Millennium Services Group's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Commercial Services industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Millennium Services Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Millennium Services Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Millennium Services Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Millennium Services Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Millennium Services Group expected to grow at an attractive rate?
  • Unable to compare Millennium Services Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Millennium Services Group's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Millennium Services Group's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:MIL Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 11%
Australia Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:MIL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:MIL Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:MIL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 295 -1 -46
2019-03-31 297 0 -35
2018-12-31 300 1 -25
2018-09-30 291 5 -13
2018-06-30 282 8 -1
2018-03-31 272 8 1
2017-12-31 263 8 4
2017-09-30 245 10 4
2017-06-30 227 11 5
2016-07-01 158 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Millennium Services Group is high growth as no earnings estimate data is available.
  • Unable to determine if Millennium Services Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:MIL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Millennium Services Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MIL Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:MIL Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.99
2019-03-31 -0.77
2018-12-31 -0.54
2018-09-30 -0.28
2018-06-30 -0.02
2018-03-31 0.03
2017-12-31 0.08
2017-09-30 0.10
2017-06-30 0.11
2016-07-01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Millennium Services Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of MIL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Millennium Services Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Millennium Services Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Millennium Services Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Millennium Services Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Millennium Services Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Millennium Services Group's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Millennium Services Group does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Millennium Services Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Millennium Services Group's 1-year growth to the AU Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Millennium Services Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Millennium Services Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MIL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 294.74 -45.55 239.26
2019-03-31 297.13 -35.24 240.70
2018-12-31 299.52 -24.93 242.15
2018-09-30 290.79 -12.84 230.78
2018-06-30 282.07 -0.75 219.42
2018-03-31 272.33 1.47 208.98
2017-12-31 262.60 3.70 198.54
2017-09-30 244.96 4.37 182.00
2017-06-30 227.31 5.05 165.47
2016-07-01 158.09 1.06 107.34

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Millennium Services Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Millennium Services Group has efficiently used its assets last year compared to the AU Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Millennium Services Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Millennium Services Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Millennium Services Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Millennium Services Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Millennium Services Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Millennium Services Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Millennium Services Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Millennium Services Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Millennium Services Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Millennium Services Group Company Filings, last reported 4 months ago.

ASX:MIL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -36.38 25.82 2.69
2019-03-31 -36.38 25.82 2.69
2018-12-31 -14.06 26.37 2.04
2018-09-30 -14.06 26.37 2.04
2018-06-30 9.33 22.25 3.95
2018-03-31 9.33 22.25 3.95
2017-12-31 13.65 23.51 3.05
2017-09-30 13.65 23.51 3.05
2017-06-30 12.48 24.43 8.06
2016-07-01 10.96 4.81 6.72
  • Millennium Services Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Millennium Services Group's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Millennium Services Group has sufficient cash runway for 1.3 years based on current free cash flow.
  • Millennium Services Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 35.3% each year.
X
Financial health checks
We assess Millennium Services Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Millennium Services Group has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Millennium Services Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Millennium Services Group dividends.
If you bought A$2,000 of Millennium Services Group shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Millennium Services Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Millennium Services Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:MIL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 2.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 391 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.4%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:MIL Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
ASX:MIL Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-27 0.000 0.000
2018-08-30 0.000 0.000
2018-02-26 0.000 0.000
2017-08-28 0.108 7.056
2017-02-27 0.070 4.372
2016-08-29 0.044 3.135

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Millennium Services Group has not reported any payouts.
  • Unable to verify if Millennium Services Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Millennium Services Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Millennium Services Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Millennium Services Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Millennium Services Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Millennium Services Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Millennium Services Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Darren Boyd
COMPENSATION A$426,868
TENURE AS CEO 0.8 years
CEO Bio

Mr. Darren Boyd has been the Chief Executive Officer and Managing Director of Millennium Services Group Limited since February 07, 2019. Mr. Boyd has been a Director of Millennium Services Group Limited since February 07, 2019. Mr. Boyd served as Chief Operating Officer at Regis Healthcare Limited from July 18, 2017 to March 18, 2018. Mr. Boyd has extensive experience in the Australian services industry. He has held senior roles including: Managing Director - ANZ and PNG of the UK based LSE listed services conglomerate G4S (formerly Group 4 Securicor) directly overseeing 2000+ staff; Divisional General Manager, Spotless Group; Chief Operating Officer, Regis Health Care; and recently providing strategic planning advice to the national services and facilities management group OCS. Mr. Boyd has proven strengths in finance, marketing, business development and strategic planning. In his previous roles he has developed a strong understanding of efficiently managing, and significantly improving the profitability of, large-scale service-based businesses. He is well aware of the challenges facing the industry sector. Mr. Boyd has a proven track record of being an effective leader and has extensive experience in managing people and guiding businesses through significant change. Mr. Boyd holds an MBA (Deakin University), a Degree in Accounting (Charles Sturt University), is a CPA and a Graduate of the Australian Institute of Company Directors (GAICD).

CEO Compensation
  • Insufficient data for Darren to compare compensation growth.
  • Darren's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Millennium Services Group management team in years:

1.2
Average Tenure
  • The average tenure for the Millennium Services Group management team is less than 2 years, this suggests a new team.
Management Team

Darren Boyd

TITLE
CEO, MD & Director
COMPENSATION
A$427K
TENURE
0.8 yrs

Michael Constable

TITLE
CFO & Company Secretary
COMPENSATION
A$444K
TENURE
1.1 yrs

Royce Galea

TITLE
Executive Director
COMPENSATION
A$387K
TENURE
1.2 yrs

Marc Harris

TITLE
National Accounts Manager
TENURE
5.2 yrs

David Benjamin

TITLE
Chief Information Officer
TENURE
1.4 yrs

Annabelle Brooks

TITLE
General Counsel
AGE
49

Sasha Holdsworth

TITLE
Group Executive of Human Resources

Jo-Anne Dal Santo

TITLE
Company Secretary
AGE
58
TENURE
1.1 yrs

Steve Lidbury

TITLE
Leader of Organisational Excellence - Security
COMPENSATION
A$270K
TENURE
4 yrs
Board of Directors Tenure

Average tenure of the Millennium Services Group board of directors in years:

1.1
Average Tenure
  • The average tenure for the Millennium Services Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Roger Smeed

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$91K
AGE
71
TENURE
1.1 yrs

Darren Boyd

TITLE
CEO, MD & Director
COMPENSATION
A$427K
TENURE
0.8 yrs

Royce Galea

TITLE
Executive Director
COMPENSATION
A$387K
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • Millennium Services Group individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
15. Oct 19 Sell Royce Galea Individual 25. Sep 19 25. Sep 19 -300,000 A$0.18 A$-54,000
15. Oct 19 Buy Royce Galea Individual 06. Sep 19 11. Sep 19 227,525 A$0.96 A$218,529
23. Sep 19 Sell NGE Capital Limited Company 11. Sep 19 19. Sep 19 -577,886 A$0.28 A$-126,813
10. Sep 19 Sell NGE Capital Limited Company 04. Sep 19 09. Sep 19 -301,646 A$0.31 A$-87,704
09. Sep 19 Sell NGE Capital Limited Company 06. Mar 19 06. Mar 19 -199,524 A$0.22 A$-43,895
29. Nov 18 Buy NGE Capital Limited Company 08. Sep 18 27. Nov 18 1,364,158 A$0.23 A$314,327
X
Management checks
We assess Millennium Services Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Millennium Services Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Imagine Owning Millennium Services Group (ASX:MIL) And Trying To Stomach The 83% Share Price Drop

So spare a thought for the long term shareholders of Millennium Services Group Limited (ASX:MIL); the share price is down a whopping 83% in the last three years. … Check out our latest analysis for Millennium Services Group Because Millennium Services Group is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … A Different Perspective Millennium Services Group shareholders are down 80% for the year, but the broader market is up 8.4%.

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Is Millennium Services Group (ASX:MIL) A Risky Investment?

ASX:MIL Historical Debt, July 17th 2019 How Healthy Is Millennium Services Group's Balance Sheet? … Zooming in on the latest balance sheet data, we can see that Millennium Services Group had liabilities of AU$87.2m due within 12 months and liabilities of AU$6.71m due beyond that. … Because it carries more debt than cash, we think it's worth watching Millennium Services Group's balance sheet over time.

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Millennium Services Group Limited (ASX:MIL): What Does Its Beta Value Mean For Your Portfolio?

Anyone researching Millennium Services Group Limited (ASX:MIL) might want to consider the historical volatility of the share price. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … What this means for you: Since Millennium Services Group tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock.

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How Much Of Millennium Services Group Limited (ASX:MIL) Do Insiders Own?

The big shareholder groups in Millennium Services Group Limited (ASX:MIL) have power over the company. … See our latest analysis for Millennium Services Group ASX:MIL Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About Millennium Services Group? … Insider Ownership Of Millennium Services Group The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

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Are Insiders Buying Millennium Services Group Limited (ASX:MIL) Stock?

So we'll take a look at whether insiders have been buying or selling shares in Millennium Services Group Limited (ASX:MIL). … The Last 12 Months Of Insider Transactions At Millennium Services Group. … In total, Millennium Services Group insiders bought more than they sold over the last year

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The Millennium Services Group (ASX:MIL) Share Price Is Down 90% So Some Shareholders Are Rather Upset

Because Millennium Services Group is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Shareholders of unprofitable companies usually expect strong revenue growth. … That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

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Does Market Volatility Impact Millennium Services Group Limited's (ASX:MIL) Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Could Millennium Services Group Limited's (ASX:MIL) Investor Composition Influence The Stock Price?

If you want to know who really controls Millennium Services Group Limited (ASX:MIL), then you'll have to look at the makeup of its share registry. … With a market capitalization of AU$9.6m, Millennium Services Group is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Millennium Services Group

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Breaking Down Millennium Services Group Limited's (ASX:MIL) Ownership Structure

In this article, I will take a quick look at Millennium Services Group Limited’s (ASX:MIL) recent ownership structure – an unconventional investing subject, but an important one. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … View our latest analysis for Millennium Services Group

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At AU$1.00, Is It Time To Buy Millennium Services Group Limited (ASX:MIL)?

Millennium Services Group Limited (ASX:MIL), a commercial services company based in Australia,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s examine Millennium Services Group’s valuation and outlook in more detail to determine if there’s still a bargain opportunity

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Company Info

Description

Millennium Services Group Limited provides cleaning, security, and integrated services in Australia and New Zealand. The company offers incident reporting, security patrol, and concierge services; and pest control, property maintenance, and landscaping services. It provides its services to retail shopping centers, commercial properties, government buildings, education facilities, malls, tenanted office spaces, car parks, and external areas. The company was founded in 2003 and is based in Mount Waverley, Australia.

Details
Name: Millennium Services Group Limited
MIL
Exchange: ASX
Founded: 2003
A$15,156,325
45,928,259
Website: http://www.millenniumsg.com
Address: Millennium Services Group Limited
205-211 Forster Road,
Level 1,
Mount Waverley,
Victoria, 3149,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MIL Ordinary Shares Australian Securities Exchange AU AUD 19. Nov 2015
CHIA MIL Ordinary Shares Chi-X Australia AU AUD 19. Nov 2015
Number of employees
Current staff
Staff numbers
0
Millennium Services Group employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/15 10:41
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2018/08/30
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.